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5-23-24 Who Will Profit Most from the Next Tech Boom?

Markets sold off on release of the latest FOMC Meeting minutes, which are a sanitized, finely-crafted version of what went on behind closed doors. The hawkishness seems to be continuing; Deflation seems to be a bigger risk to the economy than inflation. There's too little demand, resulting in price cuts to move inventory. Insight on why we reduced our stake in Nvidia before its report was released, which attests to the growth potential of AI buildouts. One cloud on the horizon: Wall Street's ever-optimistic expectations for continued growth. How does innovation impact the economy, and who will be the next Levi Strauss? The problems facing the power grid from AI & EV's. The power grid needs 40- NYC's. Natural Gas will be a big winner as a cheap, clean energy source. Water consumption estimates by 2023; issuing debt for productive purposes. FOMC Minutes are a little "wishy-washy" about interest rates: The Fed doesn't really know what it's doing. Stocks & bonds went nowhere after minutes' release. Fed governors are all on the same page about sticky inflation remaining longer.

SEG-1: Markets Sell off on FOMC Minutes' Continued Hawkishness
SEG-2: NVIDIA Report Attests to Growth of AI Build Out
SEG-3: Power Grid Challenges from AI & EV's
SEG-4: Why FOMC Minutes were "Wishy-washy"

Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO
Produced by Brent Clanton, Executive Producer
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Articles mentioned in this report:
"AI Data Centers And EVs Create Incredible Opportunities"
https://realinvestmentadvice.com/ai-data-centers-and-evs-create-incredible-opportunities/
"Bad News Is Good News As Markets Set Record Highs"
https://realinvestmentadvice.com/newsletter/
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The latest installment of our new feature, Before the Bell, "The Risk-Reward in NVIDIA" is here:
&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1
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Our previous show is here: "Why the Dot-com Crash Feels Like a Distant Memory to Investors"
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#MarketBullishness #FederalReserve #FOMCMeetingMinutes #InterestRates #StickyInflation #NVDIA #CaliforniaGoldRush #LeviStrauss #Nvidia #Profit #Miners#Denim #HeartyPants #LongRun #AMD #Microsoft #Google #ProfitMost #Obvious #RunUp #NextLeviStrauss #Markets #Money #Investing
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Lance Roberts
Finally, financial news that makes sense. Lance Roberts, the host of "StreetTalkLive", has a unique ability to bring the complex world of economics, investing and personal financial wealth building to you in simple, easy and informative ways but also makes it entertaining to listen to at the same time.
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